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Technology Stocks : Vitesse Semiconductor

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To: OldAIMGuy who wrote (4547)	4/27/2006 2:18:28 PM
From: James F. Hopkins	Read Replies (1) of 4710

Good To hear from you Tom. Re: waiting for the blood to start to coagulate............ and that's a good way to put it. ---- I've been back on the boat a lot lately and mostly out of Stocks..a small amount of PFE and INTC recently..but very small and also hedged with covered calls sold. ---- Mostly I've been riding in I-Bonds and real short CD's and Money Markets May 1st will set new rates for the I-bonds ( most of what I have are now at 6.83 % intrest with some at 7.35%, ) some ( on Yahoo fools ) say that will drop come May 1st..but I'll wait and see. Did you know paypal is paying over 4.5% on a balance in it's MM fund ? I like using it for a cash reserve -- For someone like me it seems getting into stocks ( ETFs ) and I like IWN best during the last quater and going into Treasury Direct the rest of the year is the safest way to go.. After all I'll be 69 soon and don't need to take on a lot of risk. However a few small bets add a little spice to my life and I'll look at this VTSS later.. but only after a class action has been filed Jim

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